This kind of governmental interference in private companies goes way beyond socialism

Congressional Black Caucus releases corporate accountability report on DEI

A majority of Fortune 500 companies have maintained their commitment to diversity, equity and inclusion (DEI) despite growing political and legislative attacks on such practices, according to a new report from the Congressional Black Caucus (CBC) released Monday.

The report, “What Good Looks Like: A Corporate Accountability Report on Diversity, Equity and Inclusion,” is the first-of-its-kind report to grade such companies on DEI commitments and racial equity investments since the 2020 murder of George Floyd.

Following Floyd’s killing, a host of U.S. companies pledged to invest in efforts to reduce racial inequities across the nation and to strengthen their DEI efforts.

Would these be some of the same companies which were robbed, looted, set on fire during the mostly peaceful but fiery protests?

The report follows months of the CBC leaders meeting with CEOs and other C-suite executives in Fortune 500 companies. It also includes a ranking report card of each sector.

The financials sector had the highest response rate to the CBC’s report and came in fourth on the report card with 34 out of 93 companies receiving a top score for their efforts.

Communications services had the highest ranking, with 9 out of 19 companies receiving a top score for their efforts.

First, by what constitutional provision are these sitting members of the National People’s Congress, er, U.S. Congress, interfering with the operations of private businesses? Second, it sure seems like these CBC members are saying that blacks are unable to succeed unless they are handed everything on a silver platter. Personally, I have a more positive opinion of blacks and their ability to succeed like everyone else.

This is government intimidation at it’s worst.